FILE - In this March 10, 2005, file photo, Randal Quarles, then-U.S. assistant secretary of Treasury, speaks to journalists in Tokyo. Quarles, who is vice chairman for supervision at the Federal Reserve, says he will recuse himself from participating in matters specific to Wells Fargo & Co. The Fed announced the decision on Friday, Dec. 15, 2017, saying Quarles wanted to “avoid even the potential appearance of a conflict of interest.” (AP Photo/Shizuo Kambayashi, File)
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